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Bloomberg News
  • 9:34 am

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Ally Financial tightens underwriting as originations slow

Ally Financial tightened its underwriting guidelines in the first quarter, slowing origination volume as the lender

  • Joey Pizzolato
  • April 19, 2023

US Bank auto originations fall 61% YoY 

U.S. Bank’s auto originations and outstandings declined year over year as the bank prioritizes high-margin loan

  • Amanda Harris
  • April 19, 2023

Citizens auto book shrinks amid 2023 runoff

Citizens One Auto Finance’s oustandings declined in the first quarter as the bank continues its trajectory

  • Riley Wolfbauer
  • April 19, 2023

AFS East to host roundtables with Axos, EV Life execs

Axos Bank Senior Vice President of Direct Consumer Lending Anthony Capizzano and EV Life Head of

  • Riley Wolfbauer
  • April 19, 2023

Tesla slashes prices of key models again ahead of earnings

Tesla Inc. is cutting prices in the US for the second time this month and just

  • Bloomberg News
  • April 19, 2023

US Auto Sales ‘temporarily’ closes dealerships

U.S. Auto Sales on Monday temporarily closed its dealership locations and is actively working to find

  • Amanda Harris
  • April 18, 2023

Bank of America originations increase 3% QoQ

Bank of America’s originations increased sequentially for the second straight quarter as consumers remain healthy financially.

  • Riley Wolfbauer
  • April 18, 2023

Vehicle lending complaints increase 44% YoY

Problems with billing, interest rates and vehicle repossessions contributed to a 44% year-over-year increase in auto

  • Riley Wolfbauer
  • April 18, 2023

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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